Lemur Resources appoints Jonathan Murray as Non-Executive Director, and Anthony Viljoen as CEO

– AUSTRALIA, WA – Lemur Resources Limited (Lemur or the Company) advises that Non-Executive Chairman, Mr Marcello Cardaci, has resigned as Chairman effective immediately. The Company thanks Mr Cardaci for his dedication and commitment to the Company, and wishes him well with his future endeavours.

The Company further advises that the current Executive Director, Mr Anthony Viljoen, has today been appointed CEO to the Company, while Mr Jonathan Murray has today been appointed as Non-Executive Director to the Lemur Board.

Mr Murray has more than 15 years’ experience as a corporate lawyer. He is currently a partner of Steinepreis Paganin, an independent Perth based corporate law firm. Mr Murray’s principal practice areas include equity capital markets, takeovers, governance and corporate strategy.

Mr Viljoen is a founding Director of Lemur, having been appointed on 8 November 2010, and is also a Director of Bushveld Minerals Limited. He is a mining entrepreneur and founding shareholder and director of VM Investment Company (Pty) Ltd, a principal investments and advisory company with a relative bias towards mining exploration.

Mr Viljoen has mining exploration and investment banking experience and has previously worked at Deutsche Bank, Barclays Capital in London and Loita Capital Partners, a pan African
investment banking firm, in their Structured Trade and Project Finance division. He has been responsible for the establishment and project development of a number of junior mining companies across Africa.

About Lemur Resources

Lemur Resources is focused on the development of the Company’s significant coal assets in Madagascar.

Headquartered in Perth, Western Australia, the Company is planning to develop a thermal coal mine at its 99% owned Imaloto Coal Project, located in the Imaloto Coal Basin in Madagascar. Lemur’s board and management have significant experience in developing mining projects in Africa. The Company listed on the ASX in August 2011.

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